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How Financial Reporting Quality Affects Expert Opinions

How Financial Reporting Quality Affects Expert Opinions

by Royer Advisors | Dec 11, 2024 | Court Rulings, Financial Planning, Valuations

Financial experts are often needed in commercial litigation cases. They could be used to value a business, figure out economic damages, or to look into fraud allegations. In these cases, the quality of the numeric data that is available to the expert is critical,...
What is the Rationale for Net Book Value in Damages Analysis?

What is the Rationale for Net Book Value in Damages Analysis?

by Royer Advisors | Dec 11, 2024 | Valuations

Lane v. Lampkin, 2014 Miss. App. LEXIS 497 (Sept. 16, 2014) How do you assess damages in a situation in which one of two equal shareholders died and the surviving partner feels compelled to open a new company that does the same work as the original company? A divided...
Fee Dispute Puts Appraiser in the Hot Seat

Fee Dispute Puts Appraiser in the Hot Seat

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Valuation experts receive a lot of advice on how to guard against an attack from the opposing side, but sometimes an attack can come from the expert’s own client. A recent case shows how an appraiser who sued a client over unpaid fees was put on the defensive. Costly...
Is Your Expert Skirting the Standards?

Is Your Expert Skirting the Standards?

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

In 1993, the Supreme Court positioned judges as “gatekeepers” against “junk science” in Daubert v. Merrell Pharmaceutical, Inc. (509 U.S, 579). Then, in 1999, Kumho Tire Company v. Carmichael (526 U.S. 137) extended the scope of Daubert beyond...
Bankruptcy Court Accepts Rationale for Tax Affecting

Bankruptcy Court Accepts Rationale for Tax Affecting

by Royer Advisors | Dec 11, 2024 | Valuations

Bank of America, N.A. v. Veluchamy (In re Veluchamy), 2014 Bankr. LEXIS 5106 (Dec. 18, 2014) A noteworthy discussion involving reputed valuation experts over how to value stock in one of the defendants’ S corporations lies buried in a bankruptcy case that features...
Bad Behavior in a Forced Buyout Triggers Marketability Discount

Bad Behavior in a Forced Buyout Triggers Marketability Discount

by Royer Advisors | Dec 11, 2024 | Court Rulings, Valuations

Wisniewski v. Walsh, 2013 N.J. Super. Unpub. LEXIS 724 (April 2, 2013) Children learn that bad behavior has consequences. An appellate court recently taught a similar lesson to a troublemaking shareholder whose doings forced a buyout. Three siblings each owned a...
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Recent Posts

  • U.S. Supreme Court Affirms Inclusion of Corporate-Owned Life Insurance in Value of Company for Estate Tax Purposes
  • Massachusetts Appellate Court Finds Double and Maybe Triple Dipping and Reverses and Remands
  • Iowa Appellate Court Affirms Date of Value and Value of Farming Operation in Shareholder Oppression Suit
  • New York Appellate Court Affirms Award of 20% of Appreciation of Business During Marriage to Wife and Awards Maintenance to Wife
  • Expert’s Testimony Is Excluded as to Solvency—Adjustments to the Balance Sheet of Debtor Were Inappropriate

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